HB2432

Kansas HB2432 imposes a 100% excise tax on large employers for certain federal benefits paid to employees.

Kansas HB2432 introduces an excise tax on large employers, defined as those employing an average of at least 500 employees. The tax is equal to 100% of the qualified employee benefits received by employees, including benefits from the food and nutrition act, national school lunch program, United States housing act, and state medicaid plans. The tax revenue is collected by the director of taxation and deposited into the state general fund. The act aims to address employers who may be indirectly benefiting from federal subsidies provided to their employees.